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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Retail space
32 25th Ave San Mateo, CA 94403-2334
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1129776
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1955
Total area
2,500 SF
Lot
0.06 ac (2,500 SF)
Zoning code
C20001
APN
039-084-090
UPID
US09-1129776
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Peninsula Library System Government Office
-
Pacific Library Partnership Government Office
-
Northnet Library System Corporate Office
-
Avenue 25 Gallery Art Gallery
-
Canty Chiropractic Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$401k
Blend (final)
Blend
$600k
Owner & transaction history
Gregory P Welch · 2 yrs held
Gregory P Welch
since 2024
Last sale
$600,000
6 recorded transactions
Zoning & alternative use
C20001 · San Mateo, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs San Mateo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Mateo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$600,000
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $600k (May 16 2024)
Last sale anchor
$600k
May 16 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$240 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$15,703
Tax year 2024
Assessed value
$1,275,000
Assessed 2024
Previous assessed
$1,275,000
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$535,500
Assessed improvement
$739,500
Applied tax rate
12.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1955
Heating
NONE
Stories
1
Total area
2,500 SF
Lot
0.06 ac (2,500 SF)
Zoning code
C20001
APN
039-084-090
UPID
US09-1129776
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
C20001 · San Mateo, CA
Zoning C20001 · permitted uses
C20001 · San Mateo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Mateo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Heating
NONE
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Gregory P Welch
Individual
Free & Clear · 2 yrs held
Mailing address
3450 CRESTMOOR DR, SAN BRUNO, CA 94066-3923
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2024
$600,000
Gregory P Welch
Craig Ray Cafferata
Grant Deed
—
Jun 15, 2016
—
Cafferata,dorothy C Trust
Cafferata Steve T Trust
Quit Claim Deed
related
—
Jun 2, 2015
—
Cafferata,steve T Trust
Cafferata Steve
Quit Claim Deed
related
—
Mar 1, 1999
$295,000
Steve Cafferata
Eleanor Wellman Trustee
Grant Deed
$120,000 · Seller
Aug 19, 1993
—
Lawrence Wellman Trustee
Wellman,lawrence
Quit Claim Deed
related
—
—
—
Wellman Trust
—
Deed Of Trust
related
$150,000 · Borel Bank & Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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